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What is the estimated price of a stock that has the following dividends. The return in similar investments is 18%. YEARS DIVIDENDS 2011 $2.32 2012

What is the estimated price of a stock that has the following dividends. The return in similar investments is 18%.

YEARS DIVIDENDS

2011 $2.32

2012 $2.36

2013 $2.48

2014 $2.50

Multiple Choice

  • $17

  • $22

  • $25

  • $50

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